The full name for Philips is Koninklijke Philips N.V. which is a Dutch technology company founded in 1891 by Gerard Philips and his father Frederik. It is one of the largest electronics company around the world supported by good reputation thanks to the adoption and innovation of advanced technologies. Philips comprises 3 main divisions: Philips Consumer Lifestyle, Philips Healthcare and Philips Lighting. But it made its name for carbon-filament lamps and other electro-technical products at the beginning. Over more than a century, Philips has developed into a public company employing approximately 113,000 employees globally and a leader with diversified products covered cardiac care, acute care, home healthcare, energy efficient lighting, male shaving and grooming and oral healthcare. Its products can be said to have changed and improved people’s life to some extent.